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Flat Industrial Development Land
For Sale
$189,900

1815 Riverway Drive Pekin, Pekin, IL 61554

Level, well-maintained commercial land with wide road frontage and industrial or commercial zoning for development.

Property SizeContact for details
Days on Market116

Property Features for 1815 Riverway Drive Pekin

General Information

Standard status Active
Property subtype Land
Zoning Industrial

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $5,823
Listed By: Jodi Lemkemann
Source: Realestatepeoria
Added: Jul 10 Changed: Oct 31 Last Checked: Oct 7 at 9:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jodi Lemkemann

Rey
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Investment Insights

Based on property information with market context.

This flat commercial land parcel is level and described as well-maintained, offering a site that is ready for construction. The property is zoned for industrial or commercial use, supporting development for uses such as warehouses, distribution centers, or manufacturing facilities.

The site features wide road frontage designed to support straightforward ingress and egress for large trucks and commercial vehicles. It is stated to be within 15 minutes of Interstate 474, supporting convenient transportation access for logistics-oriented operations.

Key Highlights

  • Flat, level commercial land with wide road frontage for easy ingress and egress
  • Zoned for industrial or commercial use for warehouses, distribution centers, or manufacturing facilities
  • Well‑maintained site described as ready for construction

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

77
Businesses Nearby

Demographics for 61554, IL

40,854
Population
18,788
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
90%
High-School Grad
73.8 sq mi
ZIP Area
554
Density / Sq Mi
$62,484
Median Household Income
$41,718
Median Earnings
$814
Median Rent
$123,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial land - Level, well-maintained commercial land with wide road frontage and industrial or commercial zoning for development.
Where is this industrial land located?
The property is located at 1815 Riverway Drive Pekin Pekin, IL.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Flat, level commercial land with wide road frontage for easy ingress and egress; Zoned for industrial or commercial use for warehouses, distribution centers, or manufacturing facilities; Well‑maintained site described as ready for construction
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